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Frontline

94 hedge funds and large institutions have $171M invested in Frontline in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 21 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more call options, than puts

Call options by funds: $4.47M | Put options by funds: $1.49M

103% more capital invested

Capital invested by funds: $84.1M → $171M (+$87M)

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

43% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 21

6.08% more ownership

Funds ownership: 11.18%17.26% (+6.1%)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

1% less funds holding

Funds holding: 9594 (-1)

Holders
94
Holders Change
-1
Holders Change %
-1.05%
% of All Funds
2.15%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
12
Increased
30
Reduced
21
Closed
13
Calls
$4.47M
Puts
$1.49M
Net Calls
+$2.98M
Net Calls Change
+$3.44M
Name Holding Trade Value Shares
Change
Change in
Stake
EGA
1
Evermore Global Advisors
New Jersey
$32.2M +$27.8M +5,505,806 New
F
2
Folketrygdfondet
Norway
$31.3M +$9.55M +1,894,446 +55%
BlackRock
3
BlackRock
New York
$21M +$650K +128,927 +4%
Northern Trust
4
Northern Trust
Illinois
$14.3M +$437K +86,696 +4%
Renaissance Technologies
5
Renaissance Technologies
New York
$9.1M +$2M +397,101 +34%
GH
6
GAM Holding
Switzerland
$7.72M +$1.22M +242,788 +22%
State Street
7
State Street
Massachusetts
$7.16M -$252K -50,042 -4%
Marshall Wace
8
Marshall Wace
United Kingdom
$4.51M +$3.34M +662,138 +590%
Invesco
9
Invesco
Georgia
$3.23M +$689K +136,625 +33%
Citigroup
10
Citigroup
New York
$3.19M +$2.43M +482,735 +772%
JP Morgan Chase
11
JP Morgan Chase
New York
$3.11M +$2.6M +515,524 +3,146%
Russell Investments Group
12
Russell Investments Group
United Kingdom
$2.53M +$911K +180,682 +71%
Deutsche Bank
13
Deutsche Bank
Germany
$2.31M +$1.1M +217,418 +122%
BCM
14
Bridgeway Capital Management
Texas
$2.07M
PPA
15
Parametric Portfolio Associates
Washington
$1.58M +$36.2K +7,183 +3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$1.5M -$26.4K -5,237 -2%
Vanguard Group
17
Vanguard Group
Pennsylvania
$1.35M -$967K -191,809 -45%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$1.31M +$154K +30,604 +16%
BCM
19
Bienville Capital Management
New York
$1.13M +$975K +193,412 New
Morgan Stanley
20
Morgan Stanley
New York
$1.12M -$16.2K -3,221 -2%
UBS Group
21
UBS Group
Switzerland
$1.1M +$646K +128,113 +215%
Barclays
22
Barclays
United Kingdom
$1.01M +$199K +39,389 +29%
TCIM
23
TIAA CREF Investment Management
New York
$993K -$25.2K -4,991 -3%
CS
24
Credit Suisse
Switzerland
$959K +$135K +26,679 +19%
Goldman Sachs
25
Goldman Sachs
New York
$957K -$929K -184,193 -53%

FRO Hedge Fund Activity: Q2 2018 in Review

94 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q2 2018, worth a combined $171M — up 103% from $84.1M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FRO and 12 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 30 added.

The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $27.8M. The largest seller was Vanguard Group, cutting an estimated $967K.

  • 94 institutional investors held Frontline (FRO) as of Q2 2018, down from 95 in Q1 2018.
  • Funds reported $171M of Frontline stock for Q2 2018, up 103% quarter-over-quarter.
  • 12 funds opened new Frontline positions in Q2 2018 and 13 closed out, a net change of -1 holder.
  • The largest Frontline buyer in Q2 2018 was Evermore Global Advisors, an estimated $27.8M added.
  • The largest Frontline seller in Q2 2018 was Vanguard Group, an estimated $967K sold.

Based on aggregated 13F filings for Q2 2018.